A year ago, the sometimes sleepy world of UK investment trusts – companies that invest in other companies – had a moment of genuine drama. A loud New York raider, Boaz Weinstein of hedge fund Saba Capital, bought significant stakes in seven trusts and lobbed insults at their boards, generally about poor investment performance or a failure to close the gap between the value of the assets and the share price. For all the fireworks, the campaign was a flop. Saba filed a variety of shake-’em-up motions at what it called the “Miserable Seven” and lost the lot. A 7-0 defeat, you’d think, would prompt Weinstein to slink away in embarrassment but, as quickly became clear, that’s not his style. Thus Edinburgh Worldwide – a trust famous for its big holding in Elon Musk’s SpaceX – found itself under the spotlight again in January when Saba forced a vote to install three nominees on the board. It lost that one too: 94% of non-Saba votes backed the existing board and strategy. But, because Saba owns 30% of the stock, its actual margin of defeat was narrower at 53% to 47%, which is too close for comfort from the point of view of the defending board. Sure enough, Saba returned three weeks later for yet another pop, presumably in the hope or expectation that one more heave would get it across the line. It tabled a motion, set to be voted on next month, to appoint the same three nominees who had just been rejected. Cue Edinburgh’s response on Tuesday, which was a mix of the imaginative and the desperate: it will offer to blow itself up, in effect, via a 100% tender for its own shares. Shareholders will be able cash out at close to the value of the assets with the wrinkle that the SpaceX holding, which is 16.6% of the portfolio, will be retained until a “crystallisation event” happens, a reference to Musk’s plan to list the rocket firm this summer. The imaginative element is that the plan could stymie Saba’s back-door attempt to take control. The majority of Edinburgh’s shareholders ...

PashaIgnatov/iStock via Getty Images The worst-case nightmare scenario Over the weekend, Phase Two of the US/Israel-Iran war escalated. Iran intensified attacks on regional energy infrastructure, while Israel bombed Iran's energy storage facilities in Tehran. The Strait of Hormuz remained closed. The regional energy producers started to announce cuts in oil production. Consequently, the price of oil reached $120/barrel on Sunday night when the futures market opened. The situation described above is the nightmare worst-case scenario, which many predicted would push oil to $250 or higher if it ever happened. Well, it is happening, and in all likelihood the price of oil will spike over $250 if the current situation continues for a few more weeks. The "forward guidance" However, many traders (active on Sunday night) realized that the unfolding situation was unsustainable and expected some kind of "offramp" on Monday. Thus, the price of oil fell back below $100 in anticipation of some kind of signal that the war would end soon. Consistent with expectations, President Trump told CBS on Monday that the war is "very complete," with the implication that it will end soon, and later at the press conference clarified that "the war will not end this week, but that it will end soon". On this news, the stock market bounced and closed higher after falling by nearly 2% on Sunday night, and the price of oil fell below $90/barrel. President Trump's comment is similar to the Fed's forward guidance - or soothing the markets by projecting positive economic data in the near future. Specifically, the Fed always projects a Goldilocks economy within the three-year period - inflation at 2%, unemployment rate at the full-employment level, and GDP growth at potential. The implication is that any unfolding crisis is temporary - and this is designed specifically to soothe the financial markets at the time of crisis. Thus, President Trump calmed the markets by suggesting that the war will end "soo...

Rising AI Costs Weigh on MSFT Stock Despite Tech Bounce and Launching Copilot from Anthropic FXLeaders

A new Democrat-led bill seeks to exempt small businesses from Donald Trump’s latest round of tariffs, as small business owners continue to reel from the impacts of the battle over the president’s signature economic policy. Introduced by the senator Ed Markey of Massachusetts, the bill, known as the “Small Business Liberation 2.0 Act”, would exempt goods imported by or for the use of small businesses from new tariffs, which Trump enacted on 20 February, immediately after the US supreme court’s ruling invalidating his “liberation day” tariffs. The bill text also prohibits price gouging as a result of the latest tariffs. Democratic senators Chuck Schumer, Mazie Hirono, John Hickenlooper, Kirsten Gillibrand, Amy Klobuchar and Chris Van Hollen are signed on as co-sponsors of the bill. “Trump’s tariff tax scam is simple: if at first your policies are ruled illegal, double down and try, try again,” Markey, who is ranking member of the Senate small business and entrepreneurship committee, said. “America’s small businesses cannot bear another bruising round of uncertainty and consumers in Massachusetts and across the country cannot foot the bill for another punishing round of Trump’s tariff taxes.” After the supreme court’s decision, the president announced he would enact a new 10% global baseline tariff under section 122 of the Trade Act of 1974, which allows the president to impose tariffs for 150 days. The bill’s introduction could be a welcome development for small businesses owners, who have struggled to navigate the fallout from Trump’s global tariff wars. However, it is unlikely to advance in the Senate, where Republicans hold the majority. Entrepreneurs across the country shared their experiences with the Guardian, with many dealing with extreme stress and financial hardship due to increased costs. “The tariffs, especially those on Brazil, have raised our costs by about $1m in the last year,” Dr Charlie Elrod, who runs a company that makes natural health products for...

iQoncept/iStock via Getty Images Market Summary Emerging markets small-cap equities delivered another solid quarter of performance. The strongest contributions came from the information technology and energy sectors, where performance was buoyed, in our view, by ongoing investor enthusiasm for companies tied to the AI boom. This trend was particularly evident in Taiwan, a market rich in IT firms with various forms of exposure to AI and the accelerating buildout of data centers. Also noteworthy was South Africa's standout performance, driven largely by mining-related companies that benefited from rising commodity prices. Fund Performance The Virtus KAR Emerging Markets Small-Cap Fund returned -2.26% (Class I) in the quarter, underperforming the MSCI Emerging Markets Small Cap Index's 1.63% return. The primary factor weighing on performance came from our exposure to online classifieds businesses, and our overweight position in Taiwan further detracted from results. Conversely, our underweight position in India contributed favorably to relative performance, given the weakness in Indian small-cap equities over the period. LEENO Industrial and NICE Information Service were the largest contributors to performance in the quarter. > LEENO Industrial is a South Korea-based leading manufacturer of integrated circuit chip test sockets and test probe pins used in semiconductors. The stock outperformed as the company reported strong business results, showing growth that exceeded market expectations. > NICE Information Service is a leading credit bureau business in South Korea. The company operates in a relatively mature industry and has been generating modest but steady growth over many years. We did not see any company-specific news during the quarter but note that its recent business results showed slightly above-trend growth, with solid demand for credit. Baltic Classifieds Group and Grupa Pracuj were the largest detractors from performance in the quarter. > Listed in London,...

Shares of Organon ( OGN ) slipped 1.38% to $6.44 in the afternoon trade on Tuesday, adding to six straight sessions of decline. The stock has fallen around 9.2% between March 2 and March 9, compared to a 1.24% decline in the S&P 500 during the same period. Last month, Organon reported quarterly earnings below analysts’ expectations and flat revenue. Performance in its Women’s Health and Established Brands units was lower, while Biosimilars showed growth. According to Seeking Alpha’s Quant Rating system, OGN is rated a Strong Sell, with a score of 1.36 out of 5, receiving an A- for profitability and valuation, but an F in terms of both growth and revisions. A Seeking Alpha analysis from last month pointed out that Organon faced a weak quarter with declining revenue in Women’s Health and margin pressure, pointing out, “Management prioritizes debt reduction and margin preservation over growth, with no revenue improvement expected through 2026.” They added that strategic uncertainty remains high and a new CEO is critical for a turnaround, noting, “A new CEO appointment is critical; future strategy and turnaround potential hinge on leadership and portfolio actions.” The analyst also noted that the shares are heavily oversold, stating, “The company's shares are very oversold and the DCF model, even under the most conservative assumptions, gives an upside to the current price.” On the Wall Street , one out of eight analysts rates the stock a buy, three recommend a hold, while four of them rate it with a sell or lower. Shares have fallen around 18.3% in the past month and have slipped approximately 9.6% year-to-date. More on Organon Organon: Revenue Decline, Margin Pressure, And Strategic Uncertainty Organon & Co. 2025 Q4 - Results - Earnings Call Presentation Organon Q4 Earnings Review: Poor Results Trigger Predictable Sell-Off Organon rises after update on independent review Organon outlines flat $6.2B revenue and $1.9B EBITDA targets for 2026 as cost controls and portfol...

Tuesday will be the “most intense day of strikes” inside Iran so far, US Defence Secretary Pete Hegseth said, adding that President Donald Trump will ultimately decide the war’s timeline. The Pentagon chief’s remarks follow the president’s comments on Monday, suggesting the war could be over sooner than expected. For now, fighting appeared to be ramping up. “Today will be yet again our most intense day of strikes inside Iran – the most fighters, the most bombers,” Hegseth told reporters on Tuesday, also claiming the US military is “winning” the war. Advertisement “As President Trump declared yesterday, we’re crushing the enemy in an overwhelming display of technical skill and military force. We will not relent until the enemy is totally and decisively defeated,” he said. A day earlier, Trump claimed US military objectives in Iran were nearly complete, with vague comments suggesting the war could end “very soon”. 02:22 Trump says US objectives in Iran ‘way ahead of schedule’ and attacks may end ‘soon’ Trump says US objectives in Iran ‘way ahead of schedule’ and attacks may end ‘soon’ Tehran responded, vowing the war would end on its own terms. “It is we who will determine the end of the war,” Iran’s Revolutionary Guards said in a statement.

On Tuesday, OpenAI introduced dynamic visual explanations, a new ChatGPT feature that allows users to see how formulas, variables, and mathematical relationships change in real time. Instead of just reading an explanation or looking at a static diagram, users can now interact directly with interactive visuals. For example, when exploring the Pythagorean theorem, you can adjust the lengths of the triangle’s sides and instantly watch the hypotenuse update. Users can adjust numbers and variables and see changes reflected immediately. To try out the feature, ask ChatGPT questions like “What is a lens equation?” or “How can I find the area of a circle?” ChatGPT will respond not only with an explanation but also with an interactive module you can manipulate. Currently, these visuals are available for over 70 math and science topics, including the binomial square, Charles’ law, area of a circle, compound interest, Coulomb’s law, difference of squares, exponential decay, Hooke’s law, kinetic energy, linear equations, and Ohm’s law. OpenAI plans to expand the feature later on to include more interactive topics. It’s available to all logged-in ChatGPT users. Image Credits:OpenAI The launch of dynamic visual explanations is notable in that it shifts the tool’s role somewhat — rather than just delivering answers, it asks users to engage with the underlying concepts directly. Whether that translates to deeper understanding will likely depend on how it’s used. As AI continues to transform the way people approach learning, it has sparked heated debates in the education community. Though some educators worry about overreliance on AI, many teachers and students have already embraced these tools, integrating them into daily study routines. According to OpenAI, more than 140 million people use ChatGPT each week for help with math and science, subjects that have traditionally challenged learners. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your n...

格隆汇3月11日｜以色列军队：伊朗导弹来袭。

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格隆汇3月11日｜海法和耶路撒冷地区响起警报声。

当地时间10日，加拿大多伦多市警方说，美国驻多伦多总领事馆当天凌晨遭枪击，暂无人员伤亡报告。加拿大联邦警方说，正加强美国和以色列使领馆的安保。警方说，当天凌晨5时30分左右接到报案称，有人向位于多伦多市中心的美国总领馆开枪。警方抵达后，发现弹壳和建筑受损痕迹。尚无嫌疑人具体信息。加拿大公共安全部长加里·阿南达桑加里说，这起枪击事件绝对不可接受，加拿大不容忍任何形式的恐吓和暴力。加拿大联邦警察总警司克里斯·莱瑟在一场新闻发布会上说，警方正按“国家安全事件”方向调查这起枪击，但现在判断动机为时尚早。警方正对设在渥太华的美国、以色列大使馆和设在多伦多的美以总领馆加强安保。（央视新闻）

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks rebounded from early declines and oil tumbled to the low 80s after the International Energy Agency said it met with G7 Energy Ministers in Paris to share its view of the global oil and gas market. Due to current conditions, the IEA said it will hold an extraordinary meeting with its member governments later Tuesday to assess the security of supply and market conditions and decide whether to make emergency stocks available to the market. The IEA said its member countries hold more than 1.2 billion barrels of public emergency oil stocks , along with another 600 million barrels of industry inventories held under government obligation, providing some short-term firepower to offset supply disruptions. Shortly after 1 p.m. ET, the stock market rally gained steam as oil prices fell below $80 per barrel, following a since-deleted post from U.S. Energy Secretary Chris Wright on X, which claimed the U.S. had successfully escorted an oil tanker through the Strait of Hormuz. It's unclear why the post has been removed, but our colleagues at CNBC have reached out to the Trump administration for comment. As of 1:45 p.m. ET, U.S. benchmark WTI crude traded above $81, off the lows of the day but still down sharply from the prior settle. We're downgrading Microsoft as stocks find some stable footing. During our February Monthly Meeting a couple of weeks ago, Jim expressed concerns about Microsoft and regretted not selling it last year. "This is the one I am worried about," he said. "I slept on this one, didn't pay enough attention. It has the weakest AI business in Copilot and a cloud computing unit, Azure, that is no longer the envy of the industry. I will be blunt: we should have sold Microsoft." To better align Jim's views with our rating system, we are changing our rating on Microsoft shares to a hold-eq...

NASA's inspector general released a new report on Tuesday that examines the space agency's management of the Human Landing System development contracts signed with SpaceX and Blue Origin. These landers are essential for NASA's program to land humans on the Moon this decade and then establish a long-term settlement on the lunar surface. However, both NASA and the companies developing the landers have largely been silent about their efforts. For this reason the new report on Human Landing Systems (HLS) provides some interesting insights previously unknown to the public. Overall, the report, signed by Office of Inspector General senior official Robert Steinau, finds that the fixed-price contracting approach has been beneficial for NASA as it seeks to broaden its utilization of the US commercial space industry. Read full article Comments

Ciena (NYSE:CIEN) is up 8.9% in Tuesday’s session, climbing from $318.54 to $346.89 intraday. Lumentum (NASDAQ:LITE) and Coherent (NYSE:COHR) are right behind, up 7.77% and 7.02% respectively. The optical-technology sector extended a powerful multi-day run fueled by AI infrastructure spending. The main theme is a hyperscale AI infrastructure buildout that’s driving unprecedented demand for optical ... Optical-Tech Stocks Looking Sharp: Ciena Up 9%, Lumentum Rises 8%, Coherent Climbs 7%

格隆汇3月11日｜伊朗革命卫队发言人：美国舰队及其盟友的任何行动都将在我们的导弹和无人机射程内被阻止。在战争期间，没有一艘美国舰船敢于接近阿曼海、波斯湾和霍尔木兹海峡。

The company is preparing for the debut of its R2 SUV, a more affordable electric vehicle that could be a game changer.

格隆汇3月11日｜三架美国B-1轰炸机抵达英国皇家空军费尔福德基地。

The $10-50 price range often includes mid-sized businesses with proven track records and plenty of growth runway ahead. They also usually carry less risk than penny stocks, though they’re not immune to volatility as many lack the scale advantages of their larger peers. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. Keeping that in mind, here are three stocks under $50 to avoid and some other investments you should consider instead. Intel (INTC) Share Price: $45.13 Inventor of the x86 processor that powered decades of technological innovation in PCs, data centers, and numerous other markets, Intel (NASDAQ:INTC) is a leading manufacturer of computer processors and graphics chips. Why Is INTC Risky? Products and services are facing significant end-market challenges during this cycle as sales have declined by 6.2% annually over the last five years Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 18.3 percentage points At $45.13 per share, Intel trades at 95.9x forward P/E. Dive into our free research report to see why there are better opportunities than INTC. Trinity (TRN) Share Price: $31.96 Operating under the trade name TrinityRail, Trinity (NYSE:TRN) is a provider of railcar products and services in North America. Why Is TRN Not Exciting? Product roadmap and go-to-market strategy need to be reconsidered as its backlog has averaged 27.8% declines over the past two years Projected sales for the next 12 months are flat and suggest demand will be subdued Free cash flow margin dropped by 22.9 percentage points over the last five years, implying the company became more capital intensive as competition picked up Trinity is trading at $31.96 per share, or 1.2x trailing 12-month price-to-sales. If you’re considering TRN for your por...

Oracle Earnings Prediction Market Preview: What Will Larry Ellison Say? Benzinga

Retirees building income portfolios in 2026 face a genuine tension: bond yields have pulled back from recent highs, dividend stocks feel crowded, and the funds marketed as “rate-resilient” often look nothing like their names suggest once you open the hood. Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) is one of those funds worth examining closely ... FDRR Is Up 23% but Retirees Probably Don’t Know What They’re Actually Buying

Kemi Badenoch has said she never called for the UK to join Donald Trump’s war on Iran, after previously saying Keir Starmer should do more to “stop the people who are attacking us”. Labour accused Badenoch of having a confused position after the Conservative leader said she was not urging the government to join the US and Israel strikes on Iran but that the UK should “do more than catch the arrows” and “take out” missile launchers. On the BBC on Tuesday, Badenoch was asked whether it was “coherent to call for the UK to join the war, to not question the endgame strategy and at the same time complain about rising energy bills?” She replied that she had not called for the UK to join the war but that she did support the actions of the US and Israel. “I said that we support their actions. I never said we should join,” Badenoch said. “I did say that where British bases are being attacked, we should do more than catch the arrows. We should stop the people who are attacking us. Stop the archer.” Pressed on what that meant, she said: “When missiles are being fired, the launchers which are kept deep underground come out. If you take out the capacity, that means that they will stop sending missiles over. So don’t just catch the arrows. Stop the archer. “If all you do is try and catch arrows, you will get hit. I haven’t said that we should have gone in with the US and with . Although I do say that when it comes to the two sides, I will always be on the side of the US and Israel, not Iran. “That doesn’t mean that we should join … those strikes. It’s very, very important that we let people know what is going on. The government is trying to muddy the waters and stop criticism. I will not accept that – I’m going to do my job and make sure that they are held to account.” Badenoch has repeatedly said she thinks the UK should be targeting Iranian weapons to prevent the country threatening British bases, but she has made clear she does not want to see “troops on the ground”. Downing St...

格隆汇3月11日｜日本外务大臣：截至今日，已有388名人士乘坐政府包机返回日本。

What happened According to an SEC filing dated February 17, 2026, Westerly Capital Management reduced its Lumen Technologies (LUMN +1.81%) holding by 2,700,000 shares during the quarter. The estimated transaction value, calculated using the average closing price for the quarter, was $22.22 million. At quarter-end, the position’s value had fallen by $15.20 million, due to both the share sale and changes in Lumen’s stock price. What else to know Following the sale, Lumen represents 1.37% of the fund’s reportable 13F assets under management. Top holdings after the filing: NASDAQ: UDMY: $23.40 million (5.1% of AUM) NASDAQ: VIAV: $20.49 million (4.5% of AUM) NASDAQ: AIP: $20.07 million (4.4% of AUM) NASDAQ: HDSN: $17.47 million (3.8% of AUM) NASDAQ: MRVL: $17.00 million (3.7% of AUM) As of February 17, 2026, shares were priced at $8.09, up 64.1% over the past year, outperforming the S&P 500 by 63.95 percentage points. Company/ETF overview Metric Value Price (as of market close 2026-02-17) $8.09 Market Capitalization $6.97 billion Revenue (TTM) $12.40 billion Net Income (TTM) ($1.74 billion) Company/ETF snapshot Lumen Technologies provides integrated communications and technology solutions, including fiber infrastructure, cloud services, managed security, and broadband internet under the Lumen, Quantum Fiber, and CenturyLink brands. It operates a facilities-based business model, generating revenue primarily from network services, data connectivity, and IT solutions for enterprise, government, and residential customers. The company targets large businesses, government agencies, and residential broadband subscribers in the United States and internationally. Lumen Technologies, Inc. is a leading provider of telecommunications and technology services, serving millions of broadband subscribers and enterprise clients. The company leverages its extensive fiber network and portfolio of advanced IT solutions to address the evolving connectivity and security needs of its customers....